What factors influence equalization factors (multipliers)?
  • Multipliers are affected by increases and decreases in sales prices in the real estate market.
  • Multipliers are affected by increases and decreases made by assessors in assessments.
  • Multipliers are affected by methods utilized by the department in the studies themselves.
  • Multipliers are affected by the number of arm’s length sales available.

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1. What is an equalization factor (multiplier)?
2. Why does state law require equalization factors?
3. Who does these studies?
4. What information is used for these studies?
5. What years sales will be used for 2016 assessments?
6. What factors influence equalization factors (multipliers)?
7. What happens if township equalization factors (multipliers) are not applied at the county level?
8. Does an equalization factor automatically increase or decrease taxes?
9. Does an increase in equalization factor usually result in an increase in an individual’s tax bill?
10. How do I know if an equalization factor has been applied to my property?
11. Does farm land receive a multiplier based on sales of farm property?
12. If I have additional questions?